On February 10, cryptocurrency exchange Gate.io announced that it has become the official sponsor of Oracle Red Bull Racingin Formula 1. Starting from the 2025 season, Gate.io's brand identity will appear in several key locations in F1 Red Bull Racing Team, including the car's tail fin, nose, headrest, hub cap, chassis and team racing clothes, as well as the helmet of F1 four-consecutive champion Max Verstappen. The two sides will work together to explore innovative areas for the integration of digital finance and motorsports. Christian Horner, CEO of F1 Red Bull Racing, said that the cooperation with Gate.io will bring a new experience to fans, and Dr. Han Lin, founder and CEO of Gate.io, also pointed out that the two sides will make joint breakthroughs in technological innovation and promote blockchain technology. Expand to a wider range of fields.